Special Council Meeting By: Marcy Knaack
June 29, 2012
The Gladbrook City Council held a special meeting Tuesday evening to finish year-end business for FY 11/12. In the absence of Mayor Keith Sash, Mayor Pro-tem Roger Luehring conducted the meeting. A number of fund transfers needed to be done and were approved. They were: Resolution 12-71 where the balance of the Urban Renewal Tax Increment Financing (TIF) Fund totaling $15,573.63 received from Tama County to the Debt Service Fund for loan payments made on the 2004 Main Street Improvement note; Resolution 12-72 was the transfer of $24,806.78 from the Special Revenue Fund to the General Fund for Employee Benefits expenditures and $3,068 from the Special Revenue Fund to the Road Use Fund for Employee Benefits expenditures; Resolution 12-73 was to transfer the balance of the Emergency Fund totaling $5,890.09 received from Tama County to the General Fund and Resolution 12-74 was to transfer $20,494.24 LOST (Local Option Sales Tax) revenue from the Special Revenue Fund to the Debt Service Fund for the payment of principal and interest of debt incurred by the City of Gladbrook for street improvements and economic development and also to transfer $11,519.87 LOST revenue from the Special Revenue Fund to the General Fund for the reduction of taxes. Two bills to close out the year to Midwest Fire for $620.00 and Gladbrook Auto for $64.95 were approved. Mark Fink attended the meeting as he had read where the Council was considering outdoor meters for watering lawns and gardens without being charged the sewer rate. As a local citizen he thinks it is a great idea but as a member of the Gladbrook Water Board he was not as excited as two of the three wells are rather shallow and is concerned whether there will be enough water if a lot of people were to do this. He said with water usage g oing up it would definitely generate more revenue. Fink said the Water Board has not discussed this idea.
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